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The SEC has rejected the bid by the Chinese consortium Chongqing Casin Enterprise Group to take over the Chicago Stock Exchange, ending CHX's dream of becoming a hub for Chinese stocks. The exchange had been attempting to gain approval from U.S. regulators to complete the deal since February of 2016. View page

John Lothian News Features

So you want to launch an initial coin offering? Better buckle up and lawyer up. At the FinTank CryptoCon event in Chicago on Thursday, two attorneys addressed the complexity and pitfalls that come with launching an ICO. Barbara Jones, an attorney with GreenbergTrauig, said there continues to be some ambiguity over regulation of ICOs. SEC Chairman Jay Clayton has said numerous times that he has not seen a token from an ICO that is not a security. Meanwhile, Commodity Futures Trading Commission Chairman Chris Giancarlo is considering tokens as commodities, and has said the commission will pursue any cases involving...Read more